“Labour costs make up about 70% of the flow of spending of a centre; increasing wages raises the underlying costs of provision”

The Cato Weekly Podcast · How Bad Policy Delays Adulthood

Play from 22:28
22:28

Audio streams from the publisher’s own feed. Verbatim does not host or copy it.

What was described

subsidise childcare fees for all two- and three-year-olds while also mandating higher wages for workers

70% of centre spending is labour costs

Said nearby on the same subject

“Andreessen Horowitz has also said like our total addressable market is like all, all human wages”
♫
Said on Future of Life Institute Podcast
Business model Share this moment
“Overdue incurs an additional 5% fee. The longer it goes, the higher the fee.”
JR
Jessica Ricci
She's On The Money ·
Automation 5% fee after 7 business days Share this moment
“We've delivered payday super, ensuring workers receive super with their wages, and I pay tribute to the work of the Treasurer on this. This was a gaping $6 billion hole before those reforms.”
♫
Said on Australian Parliament: House of Representatives
Why it worked $6 billion hole before reforms Share this moment
“Leverage long short tax loss harvesting ... higher fees from the manager, and also a long-short friction ... if you don't believe there's alpha ... probably not worth doing”
VH
Victor Haghani
The Rational Reminder Podcast ·
Why it worked Share this moment

Moments like this, every Monday

The strongest new moments on your topics, in the speakers' own words. Free for three topics.

No card. No password. One-click unsubscribe.

Track a competitor?

Pro watches up to 25 names or phrases and emails you the morning after they are said.

See Pro, $29 a month

Verbatim quotes a short extract and links to the episode; the episode belongs to its publisher. Remove a show.